TLG Discussion 2022

cosors

👀
  • Like
Reactions: 2 users

cosors

👀
Well, this can be as exciting as a thriller with the electricity. Current status: New factory but no electricity to run it.) You know the reasons.

"All available power was already booked.
Just over a week ago, representatives of SSAB, Uniper and Talga wrote a debate article in Dagens Industri. They believe that the allocation of power was done in the wrong way, which threatens several important investments in the north. That is, the planned investments in Luleå.
...
The basic problem is that the pipeline capacity in northern Sweden only covers a fifth of the need that all planned investments create."

https://affarerinorr.se/nyheter/2023/juni/oenighet-om-malmbanan-och-kritik-mot-eltilldelning/
 
  • Like
Reactions: 1 users

cosors

👀
I'm curious to see what that looks like in five days.
Screenshot_2023-06-21-20-21-14-67_40deb401b9ffe8e1df2f1cc5ba480b12.jpg
 
Last edited:
  • Like
  • Fire
Reactions: 5 users

cosors

👀
Last edited:
  • Like
Reactions: 1 users

cosors

👀
Can any of you tell me the volume of today and in addition an evaluation how this is on average to other trading days?
 

Gero

Regular
Can any of you tell me the volume of today and in addition an evaluation how this is on average to other trading days?
Hi Corsors

Today's trading volume 1,741,844 shares with a VWAP of $1.431.

The average volume over the past 20 trading days was 1,230,995 with a VWAP of ~$1.22.

Thanks again for posting all your research here it is much appreciated.

Regards

Gero
 
  • Like
  • Love
Reactions: 11 users
Another horrid day on the ASX today down 1.3% so TLG held up pretty well.

Unfortunately Dow Futures are showing 0.25% down tonight at the moment
 
  • Like
  • Sad
  • Wow
Reactions: 4 users

Auto firms race to secure non-Chinese graphite for EVs as shortages loom​

Reuters | June 21, 2023 | 6:38 am Battery Metals Intelligence China Europe USA Graphite
shutterstock_748370815.jpg

A Volkswagen EV charging. (Shutterstock Image)
Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other uses for the mineral for the first time due to soaring EV sales.
blank.gif

Auto firms have been slow to plan for graphite shortages, focusing mainly on better-known battery materials lithium and cobalt, even though graphite is the largest battery component by weight.

Now, car makers are knocking at the doors of new producers, such as Madagascar and Mozambique, as this year EVs are forecast to account for more than 50% of the natural graphite market for the first time, according to consultancy Project Blue.
Shortages of material produced outside of China will be even more acute as legislation in the United States and Europe aims to cut reliance on China for critical minerals.

“Automakers are in a real bind because there’s been no investment in Western graphite,” said Mark Thompson, founder and managing director of Australia’s Talga Group Ltd, which plans to launch production next year in Sweden. Each EV on average needs 50-100 kg of graphite in its battery pack for the anodes, the negative electrodes of a battery, about twice the amount of lithium. The main use of graphite has been in the steel industry, but EV sales are due to more than triple by 2030 to 35 million from 2022, BMO Capital Markets forecasts. Graphite shortages are expected to rise in coming years, with a global supply deficit of 777,000 tonnes expected by 2030, Project Blue projections showed. About $12 billion of investment is needed by 2030 in graphite and 97 new mines required by 2035 to meet demand, Benchmark Mineral Intelligence (BMI) said in a report. China produces 61% of global natural graphite and 98% of the final processed material to make battery anodes, BMI said.
image-23-1024x649.png

Supply deals​

Talga group is seeking to supply automakers, such as Tesla, Toyota and Ford, as well as battery producers such as Sweden’s Northvolt, Thompson told Reuters. Tesla Inc and Northvolt did not reply to a request for comment while Toyota Motor Corp and Ford Motor Co declined to comment.
Talga has already signed non-binding supply agreements with two European battery makers that have links with Mercedes-Benz, Stellantis and Renault. Mercedes said it was diversifying the sourcing of raw materials, including graphite, and “have been in dialogue with various suppliers for some time”. “All the car companies are now scrambling to understand how to source battery materials at the mine level,” said Brent Nykoliation, executive vice president of NextSource Materials. NextSource, which in April commissioned a mine in Madagascar, is also in talks with auto companies, but said the details were confidential.

Tesla has been at the forefront in securing graphite, having already agreed deals with Syrah Resources, which operates a mine in Mozambique, and with Magnis Energy Technologies. Syrah is building a US processing operation, one of a handful of plants being built outside of China that can transform graphite for battery use. NextSource is building a processing plant in Mauritius while Talga plans to construct a factory in Sweden.

China dominates​

Western processing operations, however, will grow slowly.
“China is still incredibly dominant in the graphite space and we anticipate they will maintain dominance for years to come,” said George Miller, senior analyst at BMI. By 2032, China will still control 79% of production of a type of processed graphite – uncoated spheroidised purified graphite – compared to 100% in 2022, according to BMI. This Chinese influence on the market may make it difficult for automakers who want to qualify for EV subsidies under the US Inflation Reduction Act. The IRA requires certain high percentages of battery components to be produced in the United States, or in a country with which it has a free trade deal. The European Union has proposed legislation that aims to reduce dependency on any one country for any key raw material to 65% by 2030. Agreeing graphite supply deals is complex, requiring extensive safety testing for material going into each model of EV that can take up to three years.

Carbon footprint​

Western auto groups are focusing on deals with graphite mines partly because it is around 55% less carbon intensive to produce anodes with natural material compared to synthetic graphite made from petroleum products. Natural graphite anodes tend to be cheaper and are beneficial for cell capacity and power output, allowing cars to run further distances before charging. There is also expected to be competition with the steel industry, said analyst Reitumetse Chalale at Project Blue. Another anode ingredient is silicon, which also enables an EV to drive longer distances before recharging. Currently, the maximum amount of silicon added to batteries is about 10% because the material expands during use and can degrade the battery. Companies are working on technology that would allow larger amounts of silicon. If successful, that could be a threat to graphite in the long term.


(By Eric Onstad; Editing by Veronica Brown and Sharon Singleton)
 
  • Love
  • Like
  • Fire
Reactions: 8 users

cosors

👀

Auto firms race to secure non-Chinese graphite for EVs as shortages loom​

Reuters | June 21, 2023 | 6:38 am Battery Metals Intelligence China Europe USA Graphite
shutterstock_748370815.jpg

A Volkswagen EV charging. (Shutterstock Image)
Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other uses for the mineral for the first time due to soaring EV sales.
blank.gif

Auto firms have been slow to plan for graphite shortages, focusing mainly on better-known battery materials lithium and cobalt, even though graphite is the largest battery component by weight.

Now, car makers are knocking at the doors of new producers, such as Madagascar and Mozambique, as this year EVs are forecast to account for more than 50% of the natural graphite market for the first time, according to consultancy Project Blue.
Shortages of material produced outside of China will be even more acute as legislation in the United States and Europe aims to cut reliance on China for critical minerals.

“Automakers are in a real bind because there’s been no investment in Western graphite,” said Mark Thompson, founder and managing director of Australia’s Talga Group Ltd, which plans to launch production next year in Sweden. Each EV on average needs 50-100 kg of graphite in its battery pack for the anodes, the negative electrodes of a battery, about twice the amount of lithium. The main use of graphite has been in the steel industry, but EV sales are due to more than triple by 2030 to 35 million from 2022, BMO Capital Markets forecasts. Graphite shortages are expected to rise in coming years, with a global supply deficit of 777,000 tonnes expected by 2030, Project Blue projections showed. About $12 billion of investment is needed by 2030 in graphite and 97 new mines required by 2035 to meet demand, Benchmark Mineral Intelligence (BMI) said in a report. China produces 61% of global natural graphite and 98% of the final processed material to make battery anodes, BMI said.
image-23-1024x649.png

Supply deals​

Talga group is seeking to supply automakers, such as Tesla, Toyota and Ford, as well as battery producers such as Sweden’s Northvolt, Thompson told Reuters. Tesla Inc and Northvolt did not reply to a request for comment while Toyota Motor Corp and Ford Motor Co declined to comment.
Talga has already signed non-binding supply agreements with two European battery makers that have links with Mercedes-Benz, Stellantis and Renault. Mercedes said it was diversifying the sourcing of raw materials, including graphite, and “have been in dialogue with various suppliers for some time”. “All the car companies are now scrambling to understand how to source battery materials at the mine level,” said Brent Nykoliation, executive vice president of NextSource Materials. NextSource, which in April commissioned a mine in Madagascar, is also in talks with auto companies, but said the details were confidential.

Tesla has been at the forefront in securing graphite, having already agreed deals with Syrah Resources, which operates a mine in Mozambique, and with Magnis Energy Technologies. Syrah is building a US processing operation, one of a handful of plants being built outside of China that can transform graphite for battery use. NextSource is building a processing plant in Mauritius while Talga plans to construct a factory in Sweden.

China dominates​

Western processing operations, however, will grow slowly.
“China is still incredibly dominant in the graphite space and we anticipate they will maintain dominance for years to come,” said George Miller, senior analyst at BMI. By 2032, China will still control 79% of production of a type of processed graphite – uncoated spheroidised purified graphite – compared to 100% in 2022, according to BMI. This Chinese influence on the market may make it difficult for automakers who want to qualify for EV subsidies under the US Inflation Reduction Act. The IRA requires certain high percentages of battery components to be produced in the United States, or in a country with which it has a free trade deal. The European Union has proposed legislation that aims to reduce dependency on any one country for any key raw material to 65% by 2030. Agreeing graphite supply deals is complex, requiring extensive safety testing for material going into each model of EV that can take up to three years.

Carbon footprint​

Western auto groups are focusing on deals with graphite mines partly because it is around 55% less carbon intensive to produce anodes with natural material compared to synthetic graphite made from petroleum products. Natural graphite anodes tend to be cheaper and are beneficial for cell capacity and power output, allowing cars to run further distances before charging. There is also expected to be competition with the steel industry, said analyst Reitumetse Chalale at Project Blue. Another anode ingredient is silicon, which also enables an EV to drive longer distances before recharging. Currently, the maximum amount of silicon added to batteries is about 10% because the material expands during use and can degrade the battery. Companies are working on technology that would allow larger amounts of silicon. If successful, that could be a threat to graphite in the long term.


(By Eric Onstad; Editing by Veronica Brown and Sharon Singleton)
I add even if not directly related. Still important I think especially when it comes to the supply chain law.

"...
Furthermore, the administrator highlights the Chinese company Putailai, which has been in bad weather recently as the company is to build a factory for Northvolt in Torsboda outside Timrå. According to information, Putailai has deliberately concealed the fact that it has a subsidiary in a region of China where a genocide is taking place, which is why, among other things, the United States has banned all trade in Chinese goods from the region.

The manager instead highlights a number of companies in the portfolio that produce the same type of battery material, but which are instead based on natural graphite, which creates much less carbon dioxide emissions. These companies are Nextsource Materials, Northern Graphite, Noveau Monde Graphite and Talga.
..."

https://thestockexchange.com.au/threads/tlg-discussion-2022.7072/post-307058
 
Last edited:
  • Like
  • Fire
Reactions: 9 users

cosors

👀
I add even if not directly related. Still important I think especially when it comes to the supply chain law.

"...
Furthermore, the administrator highlights the Chinese company Putailai, which has been in bad weather recently as the company is to build a factory for Northvolt in Torsboda outside Timrå. According to information, Putailai has deliberately concealed the fact that it has a subsidiary in a region of China where a genocide is taking place, which is why, among other things, the United States has banned all trade in Chinese goods from the region.
..."

https://thestockexchange.com.au/threads/tlg-discussion-2022.7072/post-307058
And I want also add that Sweden does not have enough electricity, which is why some companies have joined forces with Talga to draw attention to the problem. This went up and down through the Swedish press. We all know that SG needs a lot of electricity compared to our manufacturing process.

e.g.
"That Sweden's electricity system is clearly not adapted to the green industrial transition is a failure"
https://thestockexchange.com.au/threads/sweden-home-of-tlgs-graphite-mine-s.31382/post-311117

____
In Germany, they don't even need to try. There is not enough green electricity here either and the price is far too expensive for industry to produce competitively.

From my point of view western production could continue to buy from China in the future. But we should keep in mind that China is right now building 250 new coal-fired power plants and 150 new coal mines on top of the existing.

I think this is also a strong argument for more NG from western or even domestic production. We will see how hard the OEMs can turn a blind eye. But in the end, like all of us, the customer decides which product he wants to buy.
 
Last edited:
  • Fire
  • Like
Reactions: 6 users

Slymeat

Move on, nothing to see.
  • Love
  • Like
Reactions: 8 users

cosors

👀
I add even if not directly related. Still important I think especially when it comes to the supply chain law.

"...
Furthermore, the administrator highlights the Chinese company Putailai, which has been in bad weather recently as the company is to build a factory for Northvolt in Torsboda outside Timrå. According to information, Putailai has deliberately concealed the fact that it has a subsidiary in a region of China where a genocide is taking place, which is why, among other things, the United States has banned all trade in Chinese goods from the region.

The manager instead highlights a number of companies in the portfolio that produce the same type of battery material, but which are instead based on natural graphite, which creates much less carbon dioxide emissions. These companies are Nextsource Materials, Northern Graphite, Noveau Monde Graphite and Talga.
..."

https://thestockexchange.com.au/threads/tlg-discussion-2022.7072/post-307058
1687767036820.png

"Putailai's factory in Xinjiang is located in Huyanghe, in the far north-west of China, where it is most difficult to conduct investigations into supply chains or the region's widespread slave labor among ethnic minorities. (Image: screenshot Google Maps)

Chinese investors in Timrå have a hidden large factory in Xinjiang​


Why does the large Chinese company Putailai, which is to invest in a battery factory Torsboda outside Timrå, hide the fact that they have a subsidiary in the region of Xinjiang in western China?

As everyone knows, a genocide is taking place in Xinjiang, or East Turkestan, as the region is also called.

In addition to the gigantic indoctrination camps, the systematic mass sterilizations of Uyghur women, and the forcible detention of hundreds of thousands of Uyghur children who are now being raised as model citizens of the Party, there is also widespread exploitation of forced labor of ethnic minorities who are able to work. (Which is reminiscent of the Nazis, who during their genocide were also very keen on forced labor from able-bodied Jews.)

Forced labor is evidently used in a whole range of industries in Xinjiang, where Uyghurs and other ethnic minorities work: in cotton picking , in the textile industry , to make floors , to make solar panels , and not least in the car industry through the production of everything from glass and steel to tires and batteries .

This is the second wave of profitable genocidal industry in Xinjiang, after the first round of surveillance, prison building, torture devices and so on.

Western and Swedish companies often want to appear as if they do not contribute to exploitation. But then you must have the capacity for due diligence, i.e. being able to fully trace your supply chains.

This was difficult in China even before the genocide began in 2017, but it has now become impossible : the Chinese authorities mislead and block all such investigations. Therefore, the US's new law, the Uyghur Forced Labor Prevention Act , has banned all Chinese goods originating from the region of Xinjiang.

The EU's corresponding law is not yet complete, but seems to be stuck on precisely this point on how to verify the absence of slavery. China will, of course, as usual, continue to deny everything, and block journalists to hide the truth as far as possible.

For Chinese companies, which are, after all, under the command of the state and the party, it is different: Those who are talented are happy to invest in Xinjiang and become involved in the exploitation of China's colony. (Even performers are forced to stand on stage and praise cotton from Xinjiang, swearing never to shop at H&M and other companies, which for good reason have renounced Xinjiang cotton.)

But then we have the small headache that markets and consumers in the free world often continue to argue about small things like slave labor and genocide. What to do?

Double-entry bookkeeping is a solution. Companies like Putailai avoid talking about their operations in Xinjiang. Especially when you have to toast without problems, in champagne, with happy Swedes at a press conference in Timrå. It could become sock in the cup if the connection to Xinjiang became known.

👉 Therefore, Putailai's website or other easily accessible documents lack any information about the subsidiary Xinjiang Zichen Tianshan New Material Technology Co., Ltd. (新疆紫宸天山新结果电影电影) which will be responsible for a major expansion of the parent company's production of anode material for lithium-ion batteries: one hundred thousand tons annually, as well as the same number of tons of anode graphitization material.


Materialet ska komma från en fabrik i Xinjiang, närmare bestämt på adressen Industrial Avenue 18-168, Huyanghe City (No. 18-168 Industrial Avenue, Management Committee, Huyanghe Economic and Technological Development Zone, Huyanghe City, Xinjiang), där man står under uppsikt av sjunde divisionen från Xinjiang Production and Construction Corps (XPCC), den statliga paramilitära organization som lett koloniseringen av Xinjiang.

1687767092390.png

One of XPCC's many "service stations" in Xinjiang. (Image: Charlie Qi, CC BY-SA 4.0, via Wikimedia Commons)


According to the Qichacha database, the contact person for the company even has an email address that ends in "@putailai.com", but the parent company does not even include it on its map of its factories. So Torsboda comes along, but not Huyanghe! How then should the production be accounted for? How many Uyghur slave workers will you have in the factories? Should their output be shipped to Timrå?

May Swedish journalists come there... Well, right?

The secrecy and cover-up fit right into the usual pattern. When a company is revealed to be directly involved in slave labor, it can suddenly pretend to be called something else so that the different entities cannot be connected.

Or you "sell" the companies on a pretense, and rename them, so that rowdy foreigners can't get anything out at all. The same goes for necessary raw materials: just try to figure out the supply chains for the graphite, lithium, aluminum, copper, nickel, or manganese that Putailai needs.

As party leader Xi Jinping usually says: "Little people must not be told everything". Sweden now becomes a naive but capable little cog in the dictatorship's machinery.

Torsboda fits nicely into China's long-term strategy, which remains the same: the goal is world dominance, which starts with securing control over resources, industries, infrastructure and markets.

They want to create relationships of dependence, not least via the green industries of the future. The Chinese media , but also publications such as the New York Times, have described in detail China's advanced plans for a world monopoly over the batteries and electric cars of the future.

Should we toast that - and because Swedish industry, through collaboration with slave drivers, helps the dictatorship in Beijing fulfill its ambitions?"
https://kinamedia.se/2023/06/01/kinesiska-investerare-i-timra-har-undangomd-storfabrik-i-xinjiang/

______________
Perhaps you can now understand why my image of Northvolt has changed considerably with this decision.
Of course, everything is very green and sustainable and socially acceptable if you just look the other way. It seems that NV has given in to greed in this matter. But it also seems that they can't get away with it.
I assume that NV did not discuss this with the USA at the last trade summit in Lulea. But good journalism never sleeps. NV, be glad about that! Imagine you make the greenest and most sustainable batteries in the world and everything is going well and then this comes to light.
 
Last edited:
  • Fire
  • Like
Reactions: 10 users

cosors

👀
And I want also add that Sweden does not have enough electricity, which is why some companies have joined forces with Talga to draw attention to the problem. This went up and down through the Swedish press. We all know that SG needs a lot of electricity compared to our manufacturing process.

e.g.
"That Sweden's electricity system is clearly not adapted to the green industrial transition is a failure"
https://thestockexchange.com.au/threads/sweden-home-of-tlgs-graphite-mine-s.31382/post-311117

____
In Germany, they don't even need to try. There is not enough green electricity here either and the price is far too expensive for industry to produce competitively.

From my point of view western production could continue to buy from China in the future. But we should keep in mind that China is right now building 250 new coal-fired power plants and 150 new coal mines on top of the existing.

I think this is also a strong argument for more NG from western or even domestic production. We will see how hard the OEMs can turn a blind eye. But in the end, like all of us, the customer decides which product he wants to buy.
Our 'open letter' because of the energy shortage shows first effect!

"Busch's message to Luleå: The electric queues are to be shortened


"It is very important that we have a functioning system in all parts of the country, not least in northern Sweden," says Ebba Busch."
https://kuriren.nu/bli-prenumerant/artikel/lyox876r/nk-bd-0kr-dp1
 
  • Fire
  • Like
Reactions: 4 users

cosors

👀
Here is a statement from Talga on the CRMA to the Swedish government.

"Referral of the European Commission's proposal for a regulation on critical and strategic raw materials - European law on critical raw materials
Diary number: KN2023/02645

Published 27 june 2023
Here you can take a look at the consultation responses received by the Department of Climate and Economic Affairs on the European Commission's proposal for a Regulation on Critical and Strategic Raw Materials - European Critical Raw Materials Act.

Further views are available in the Department.

..."
https://www.regeringen.se/remisser/2023/06/remiss-av-eu-kommissionens-forslag-till-forordning-om-kritiska-och-strategiska-ramaterial--european-critical-raw-materials-act/


"Consultation on the European Commission's proposal for a regulation on critical and strategic raw materials (Critical Raw Materials Act, CRMA)

Talga thanks you for the opportunity to comment on this important EU regulation.

A domestic and competitive supply chain for critical raw materials will not only enable Sweden to become a key player in the green economy of the future, but will make a significant contribution to resilient and green supply chains across Europe. Raw materials such as natural graphite are key components of lithium-ion batteries, which will be crucial to achieving Sweden's and Europe's green transition goals.

Talga welcomes the European Commission's proposal for a Regulation on Critical and Strategic Raw Materials (CRMA). The inclusion of battery-grade natural graphite as a strategic raw material is a significant strength. Domestically produced battery-grade natural graphite, processed into battery anode material, will make a significant contribution to Europe's green transition.

The legislative proposal includes several proposed targets for European extraction and processing of strategic raw materials. While Talga supports these targets, it is important that these targets become a floor and not a ceiling. In the long term, there should be an ambition to raise the targets where possible.

Furthermore, Talga supports the target of a maximum 65 per cent supply of a strategic raw material from a single third country. This target will be critical to ensure that Europe builds secure supply chains for the green economy, as EU member states currently import almost 100 per cent of the anode material used in battery production from third countries.

Talga also supports the intention to identify Strategic Projects, which would allow for improved access to funding and reliable authorisation processes with set timeframes and a single point of contact. European-based Strategic Projects should be prioritised over projects in third countries when appropriate and possible.

As a well-developed country with great access to natural resources and a robust history of mining, Sweden is well placed to enable Europe's green transition with the support of the proposed regulation for critical raw materials.

Luleå, 21 April 2023

Martin Phillips VD,
Talga AB"
https://www.regeringen.se/contentassets/30af5048d2c24687b463ec7380da5bc1/talga.pdf


There are dozens of opinions from different interest parties...
 
  • Like
  • Fire
Reactions: 12 users

cosors

👀
Last edited:
  • Like
  • Thinking
Reactions: 4 users

cosors

👀
a stock recommendation from Germany:

"Graphite Stocks​

Graphite StocksBeneficiaries of the European raw materials initiative​


06/27/2023

By 2030, 30 million electric vehicles are expected to be on the roads in Europe - almost 6 times more than the 5.3 million in 2023. The race for battery raw materials is in full swing!

The EU aims to produce around 11 million batteries a year by 2030, covering 89% of its battery needs for electric vehicles. This requires huge investments in the battery supply chain.

The legislative requirements lead to an enormous demand for the raw materials contained in the electric car batteries - including lithium, nickel and graphite.

About 70% of the world's graphite (natural and synthetic) and over 90% of battery anode material comes from China.

There is currently no battery anode production in Central Europe.

Alternatives to graphite in anodes are also currently being developed. Currently, however, 95% of the anode material used in lithium-ion batteries is based on graphite, and the use of substitute materials in batteries for electric vehicles is still a long way off.

The most recent EU draft law on critical raw materials (“EU Critical Raw Materials Act / CRM Act”), which is intended to strategically secure the supply of critical raw materials, is also intended to lead to greater diversification of the raw material supply chain and more sustainable, environmentally friendly products.

The draft law stipulates that by 2030, no single country can supply more than 65% of the EU's needs of a critical raw material, such as natural graphite.

In addition, by 2030, 40% of each critical raw material will be required to be processed within the EU for EU demand.



FrV4HVOWwAEePvz.jpeg


In the graphite sector, several Australian companies are well positioned to benefit from the expected surge in demand and legislative tailwinds.



Volt Resources (ASX: VRC; FWB: R8L)

Volt Resources is an Australian and Germany listed critical minerals and battery materials company. The Company is pursuing a global strategy with significant graphite deposits in Tanzania and Ukraine.
In June 2023, Volt announced that its subsidiary Zavalievsky Graphite (ZG) has been classified as a strategic project by EIT and the European Raw Materials Alliance (ERMA). This comes after operations resumed in Ukraine in 2023 with current annual production of 1,015 tonnes of graphite concentrate.
EIT and ERMA have identified about 50 investment projects across Europe targeting materials for energy transition and storage, and ZG is one of the few graphite projects included.
In early 2023, ZG was selected for a grant of up to €600,000 from the EU funding program Horizon Research and Innovation. Dubbed "GR4FITE3," the project spans six countries in Europe and aims to secure graphite for lithium-ion battery anodes through a sustainable European supply chain.
Volt is also advancing its global battery anode material strategy and recently announced that a North American technology partner has successfully manufactured Natural Graphite Anode (NGA) material using Volt's natural flake graphite. The NGA material was incorporated into a lithium-ion battery and testing revealed a longer lifespan than the industry target.
Funding for the development of Volt's Bunyu Tanzania Graphite Project is expected to close shortly after an offtake agreement has been signed for all Stage 1 Graphite.



International Graphite (ASX; IG6; FSE; H99)

International Graphite has the ambitious goal of becoming one of Australia's leading graphite producers, managing the entire process from mine development to commercialization independently.
The Company has a significant graphite deposit at Springdale in Western Australia and is also developing downstream processing capabilities for battery anode material at Collie, also in WA.
The estimated Inferred Resource at Springdale is 15.6 million tonnes.
Metallurgical analysis in Germany has shown that Springdale's concentrate is suitable for the production of high quality micronized and nodular graphite used as a precursor for battery anode material. The impact of the mining on the environment is expected to be minimal as the mine is a shallow open pit and uses small, electric conventional mining equipment. Graphite concentrate production is estimated at 40,000 to 50,000 tons per year. This is then transported to the downstream processing facility in Collie, which is located nearby.
International Graphite's processing plant at Collie is expected to have very low energy costs through the proposed use of solar energy. The flowsheet for Collie includes micronization of graphite, spheroidization of purified graphite (USPG) and carbon coating to produce coated spheroidized purified graphite (CSPG). Annual production of around 18,600 tons of CSPG and 20,000 tons of USPG is planned.
CSPG and USPG are to be sold to Australian and worldwide customers.
The Australian Government has awarded International Graphite a A$4.7 million grant to support the project following the publication of the scoping study in mid-2023 demonstrating excellent economics for the proposed battery anode material production facility.



Talga Group (ASX: TLG; FWB; TFX)

Talga's proposed battery anode material facility will be supplied by Talga's Vittangi Graphite Mine, which already has permits to process 120,000 tonnes of ore per year through 2070. Recent drilling has increased the JORC mineral resource to 36.9 million tonnes. Talga has entered into off-take agreements with Automotive Cells Company (ACC), owned by Mercedes-Benz, Stellantis and Saft, for the supply of BAM. The purchase includes 60,000 tonnes of the patented Talnode BAM over a five-year period beginning in 2026.

With more than 98% of battery anode material in the EU coming from China, and these are projected to account for no more than 65% of EU demand in 2030, the race to secure sustainable, low-carbon-footprint processed graphite and BAM is on , low-risk countries and suppliers in full swing. Australian-based companies such as Volt Resources, International Graphite and Talga Group are well positioned to benefit."
https://www.wallstreet-online.de/nachricht/17084812-graphit-aktien-profiteure-europaeischen-rohstoff-initiative
 
  • Like
  • Love
  • Fire
Reactions: 14 users

cosors

👀
If anyone would like to know more, here is an elaboration.
It's a lot about graphite and of course Talga but it's also interesting for all the other critical raw materials here in Europe.




"Critical metals and minerals in the Nordic countries of Europe: diversity of mineralization and green energy potential
...

1688369142362.png

Fig. 5. The presently known most important graphite deposits in the Nordic countries, showing size and status classifications and associated prospective areas for graphite (in pink).
..."
https://www.lyellcollection.org/doi/10.1144/SP526-2022-55


As a reminder Jalkunen also belongs to Talga. So the triple spot there is 100% Talga.

____
and Suinavaara (new expl permit)
 
Last edited:
  • Like
  • Fire
Reactions: 10 users

cosors

👀
That is interesting:

"Atlant Green Tech Metals decreased 0.6 percent in May – Epiroc has received an order from Boliden​

Published5 June at 9.16
The fund Atlant Green Tech Metals decreased 0.6 percent in May. Since the turn of the year, the fund has decreased by 2.1 percent. This is evident from a monthly report from the fund's manager Mattias Gromark.

Initially, the manager writes that the market had a negative month. The Stockholm Stock Exchange fell 2.1 percent in May and has increased 4.3 percent this year.
“As you know, Green Tech Metals invests in sustainable companies in the material supply industry for sustainable energy and electrification. We are convinced that the requirements for sustainable supply chains, at all stages, will only increase in the coming years, especially to Europe and North America", writes Gromark.
Furthermore, the administrator highlights the Chinese company Putailai, which has been in bad weather recently as the company is to build a factory for Northvolt in Torsboda outside Timrå. According to information, Putailai has deliberately concealed the fact that it has a subsidiary in a region of China where a genocide is taking place, which is why, among other things, the United States has banned all trade in Chinese goods from the region.

The manager instead highlights
a number of companies in the portfolio that produce the same type of battery material, but which are instead based on natural graphite, which creates much less carbon dioxide emissions. These companies are Nextsource Materials, Northern Graphite, Noveau Monde Graphite and Talga.

The main contributions to the fund came during the month from the holdings in AMG Critical Materials, Standard Lithium and FLSmidth.
In the negative balance were Electra Battery Materials, IBU-TEC Advanced Materials and Taseko instead.
During the month, the fund reduced its holdings in Eramet and Lundin Mining and increased in Epiroc and Elkem. At the end of May, Epiroc received an order for 130 million kroner from Boliden, which the fund also owns, for mining equipment.
"Boliden has set very high targets to reduce emissions from its operations. By 2030, scope 1 (direct emissions) and 2 (indirect emissions) must be reduced by 40 percent. Scope 3 (indirect emissions from the value chain) must be reduced by 30 percent by 2030.”
The largest holdings in the fund's portfolio at the end of the month were Cameco, Lithium Americas and FLSmidth & Co with portfolio weights of 9.9, 8.0 and 3.7 percent respectively."
Atlant Green Tech Metals, %maj, 2023
Fund MM, change in percentage-0.6
Fund this year, change in percentage-2.1
https://www.realtid.se/telegram/atl...-i-maj-epiroc-har-fatt-en-order-fran-boliden/
direct souce: https://www.atlantfonder.se/?do=template.fil&id=27519&csrf=9dd9d91be8fecefe1157ed4cb63d37ec

It's probably not going to be that easy for them after all. It's good that someone is taking a closer look. What is NV doing now?

______
They are a shareholder.
It is not that insane with AU$561,333, but...!

Atlant Green Tech Metals​

View attachment 37843
https://www.atlantfonder.se/?page=forvaltarkommentar&id=2147 and there follow the link...
The statement above comes 1:1 from the fund description.


Atlant Fonder also retweeted the investor webinar from us. https://twitter.com/mgromark?lang=de
The fund manager is pleased with our performance.)

"Atlant Green Tech Metals increased 7.2 percent in June – electric car sales are increasing on a global level​


...

The main contributors during the month were European Metals, Talga Group and Nexgen Energy. In the negative balance were Atlantic Lithium, Euro Manganese and Gyani Metals."
https://www.realtid.se/telegram/atl...juni-elbilsforsaljningen-okar-pa-global-niva/
 
  • Like
Reactions: 1 users

JNRB

Regular

Thank-you china, for reminding everyone they need to invest EXTRA in diversifying their critical supply chains away from your shenanigans.

Now... what other 'critical' or 'strategic' material has a supply chain that's almost entirely dependent on china.

Just watch how fast this makes the EU run to get things like vitanngi up and running, and more importantly, SCALED-UP and running.

Sorry noisy NIMBY's and loud minority of Sami people, China basically just made sure that this is gonna happen.
 
  • Like
  • Fire
Reactions: 12 users

Proga

Regular
This is a chart from Benchmark Minerals NVX used in a recent presentation with Shaw and Partners. Look at the hole in the European market in 2030 for locally supplied anode.

1688559744145.png
 
Last edited:
  • Like
  • Thinking
  • Wow
Reactions: 9 users
Top Bottom